“I Need a Trust” – What Every Client is Asking for These Days
Category: On Demand
Member Price: $200
Non-Member Price: $250
Areas of Law: Elder & Disability Law, Estate Law
| NJ CLE: | NJ CLE information: This program has been approved by the Board on Continuing Legal Education of the Supreme Court of New Jersey for 3.3 hours of total CLE credit (Full Credits Available: NJ General: 3.3). |
| NY CLE (t&nt): | NY Professional Practice Transitional: 3.0 |
| PA CLE: | PA Substantive Credit: 2.5
New: No PACLE fee is required for this program. To earn PA CLE credits, a valid PA Bar ID number must be entered into the CLE form provided after attending the program. |
Featured Speaker
Moderator
- Dana A. Bennett, Esq.
- Bennett Law LLC, Red Bank
Presenters
- Timothy M. Ferges, Esq.
- McCarter & English, LLP, Newark
- Adam M. Grenker, Esq.
- Fox Rothschild, LLP, Morristown
- Nicholas W. Keller, Esq.
- McCarter & English, Newark
Traditionally, there have been three basic estate planning documents in New Jersey (will, power of attorney and health care directive). Now, there are many inquiries about trusts due in part to the surge in online material telling everyone that they need a trust in addition to a will. Should our clients believe everything they read? This program will explore some of the common reasons clients give for wanting a trust. We will separate fact from fiction about what a trust can accomplish that a will alone cannot. Does the client really need a trust? We will take a deep dive into the most common type of trust: the revocable living trust.
In this new program, you will learn about contesting a living trust versus a will and whether the notice of probate rules apply to living trusts.
Topics include:
- When is a trust actually needed by a client
- How to deal with clients that insist on a trust regardless of need
- Revocable living trusts
- Contesting a living trust and appliable rules